RE: Newmont's Future plans For Kinross......The market cap of the merged entity, K that is, would be about 3 billion....I think a bit much for Newmont to swallow, especially given that they are still digesting a big merger (Normandy) of thier own.
Lassonde is a cash hoarder by nature and detests excess dilution and that was his hallmark throughout his tenure at Franco Nevada.
If you look into the article yo will see they are looking for oz that are "low cost and high margin" and that is not K that has costs close to 295/oz
It high costs are what give K great leverage to higher gold prices but I think make it unattractive as an acquistition